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Financial Statements |
Contents |
Page |
Directors' report |
1 |
Statement of comprehensive income |
2 |
Statement of financial position |
3 |
Statement of changes in equity |
5 |
Notes to the financial statements |
6 |
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Directors' Report |
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Director |
Registered office: |
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Statement of Comprehensive Income |
2023 |
2022 |
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Note |
£ |
£ |
Turnover |
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Cost of sales |
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------------ |
------------ |
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Gross loss |
(
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(
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Administrative expenses |
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(
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Other operating income |
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--------- |
--------- |
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Operating loss |
(
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(
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Income from other fixed asset investments |
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Other interest receivable and similar income |
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--------- |
--------- |
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Loss before taxation |
(
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(
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Tax on loss |
(
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– |
--------- |
--------- |
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Profit/(loss) for the financial year and total comprehensive income |
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(
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--------- |
--------- |
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Tangible assets |
5 |
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Investments |
6 |
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Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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------------ |
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Creditors: amounts falling due within one year |
8 |
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Net current liabilities |
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------------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
9 |
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Provisions |
– |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Called up share capital |
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Profit and loss account |
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--------- |
--------- |
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Shareholders funds |
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--------- |
--------- |
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Statement of Financial Position (continued) |
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Director |
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Statement of Changes in Equity |
Called up share capital |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 1st April 2021 |
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Loss for the year |
(
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(
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---- |
--------- |
--------- |
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Total comprehensive income for the year |
– |
(
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(
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Dividends paid and payable |
– |
(
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(
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---- |
--------- |
--------- |
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Total investments by and distributions to owners |
– |
(
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(
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At 31st March 2022 |
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Profit for the year |
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---- |
--------- |
--------- |
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Total comprehensive income for the year |
– |
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---- |
--------- |
--------- |
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At 31st March 2023 |
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---- |
--------- |
--------- |
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Notes to the Financial Statements |
Freehold property |
- |
Is not depreciated
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Plant and machinery |
- |
2-10% reducing balance
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Freehold property |
Long leasehold property |
Plant and machinery |
Total |
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£ |
£ |
£ |
£ |
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Cost or valuation |
||||
At 1st April 2022 |
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– |
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Additions |
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– |
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Disposals |
– |
– |
(
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(
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Revaluations |
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– |
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Transfers |
(
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– |
– |
------------- |
--------- |
------------ |
------------- |
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At 31st March 2023 |
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------------- |
--------- |
------------ |
------------- |
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Depreciation |
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At 1st April 2022 |
– |
– |
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Charge for the year |
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– |
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Disposals |
– |
– |
(
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(
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------------- |
--------- |
------------ |
------------- |
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At 31st March 2023 |
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– |
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------------- |
--------- |
------------ |
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Carrying amount |
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At 31st March 2023 |
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------------- |
--------- |
------------ |
------------- |
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At 31st March 2022 |
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– |
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------------- |
--------- |
------------ |
------------- |
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£ |
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At 1st April 2022 |
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Additions |
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Fair value adjustments |
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------------- |
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At 31st March 2023 |
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------------- |
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Freehold property |
Long leasehold property |
Total |
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£ |
£ |
£ |
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At 31st March 2023 |
|||
Aggregate cost |
1,432,100 |
96,739 |
1,528,839 |
Aggregate depreciation |
– |
– |
– |
------------ |
-------- |
------------ |
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Carrying value |
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------------ |
-------- |
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At 31st March 2022 |
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Aggregate cost |
1,528,840 |
– |
1,528,840 |
Aggregate depreciation |
– |
– |
– |
------------ |
---- |
------------ |
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Carrying value |
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– |
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------------ |
---- |
------------ |
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Plant and machinery |
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£ |
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At 31st March 2023 |
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-------- |
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At 31st March 2022 |
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-------- |
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Shares in group undertakings |
Other investments |
Total |
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£ |
£ |
£ |
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Cost |
|||
At 1st April 2022 |
– |
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Additions |
– |
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Disposals |
– |
(
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(
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Revaluations |
– |
(
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(
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Transfers |
4 |
(4) |
– |
---- |
--------- |
--------- |
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At 31st March 2023 |
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---- |
--------- |
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Impairment |
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At 1st April 2022 and 31st March 2023 |
– |
– |
– |
---- |
--------- |
--------- |
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Carrying amount |
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At 31st March 2023 |
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---- |
--------- |
--------- |
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At 31st March 2022 |
– |
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---- |
--------- |
--------- |
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Other investments |
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£ |
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At 31st March 2023 |
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Aggregate cost |
739,194 |
Aggregate depreciation |
– |
--------- |
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Carrying value |
739,194 |
--------- |
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At 31st March 2022 |
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Aggregate cost |
905,893 |
Aggregate depreciation |
– |
--------- |
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Carrying value |
905,893 |
--------- |
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2023 |
2022 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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------------ |
------------ |
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------------ |
------------ |
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2023 |
2022 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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– |
Corporation tax |
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Social security and other taxes |
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Other creditors |
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------------- |
------------- |
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------------- |
------------- |
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2023 |
2022 |
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£ |
£ |
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Other creditors |
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-------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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-------- |
-------- |
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-------- |
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2023 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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--------- |
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2022 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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--------- |
------------ |
------------ |
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